Cyber Liability Insurance
The biggest threat to your business could come from online
The worldwide economic impact of cyber-attacks is expected to top $6 trillion in 2021. As if you didn’t have enough to worry about when it comes to protecting your business—cyber-attacks are now a threat for every size of business. Plus, the types and complexity of threats are increasing every year; data breach, ransomware, fishing schemes—and they all pose a threat to your business.
Cyber-attacks can be devastating to a business—even your business. In fact, it is estimated that 60% of small businesses can’t survive the financial impact of a cyber-attack.
Let us help protect your company from the potential financial ruin of a cyber-attack.
Cyber Liability Insurance for Business
If you would like to find out your exposure as the result of a data breach, try out this easy-to-use Data Breach Calculator.
Need to protect your business with cyber liability insurance?
Tips for minimizing the impact of a cyber attack
- Do an assessment. Are there holes in your network? Outdated hardware or software?
- Make sure you have robust security protocols in place. Is someone monitoring your network and able to detect attacks real-time?
- Before you experience a breach, make sure you prepare an incident response plan—who you will call when you have a breach?
- Insurance can cover many potential scenarios. Talk with a professional to understand when and how insurance can help protect your business.
As a wise man once said, there are two types of companies—those that have experienced a cyber-attack, and those that will. Protect your data as you would your home (build a fence, lock your doors) and the hackers just might move on to an easier target.